Australian housing market ‘holding strong’

The key fundamentals in the Australian housing market are helping it to perform during the global economic downturn, it has been claimed. Editor of Australian Property Investor Eynas Brodie stated that a lack of supply of housing, coupled with low levels of unemployment and a stable economy have helped keep value growth in the real estate market on track.

She acknowledged that in the short term, the residential sector is expected to remain flat, but Ms Brodie is confident that it will pick up……………………………………….Full Article: Source